Continuous monitoring of quantum systems has been successfully used to examine state collapse and quantum jumps in single qubits. Continuous parity measurements allow for the observation of collapse dynamics in multiqubit systems, and naturally motivate a strategy for performing quantum error correction. One can observe the parity of two dispersive superconducting transmons without the need for ancilla qubits by strongly coupling the former to a joint readout resonator. With three qubits pairwise coupled to two resonators, we can measure two generators of the conventional three-qubit bit-flip code simultaneously. Using high-speed field programmable gate array electronics to continuously monitor these parities, we observe multipartite collapse and can apply correction pulses when an error is detected.